Landmark Judgement by ITAT : Confirmed addition of Rs. 196 Cr of Black Money Stashed abroad in Swiss Bank
Landmark Judgement by ITAT : Confirmed addition of Rs. 196 Cr of Black Money Stashed abroad in Swiss Bank Landmark…
Income Tax
Expenses incurred “in connection with transfer” is allowable as deduction while computing capital Gain
Expenses incurred “in connection with transfer” is allowable as deduction while computing capital Gain While computing capital gains, expenses incurred…
Conversion of Proprietary Concern & Partnership Firm in to Company
Conversion of Proprietary Concern & Partnership Firm in to Company Growth, Expansion & Diversification in the business coupled with lower…
Gift to HUF by member – Income Tax Implications
Gift to HUF by member – Income Tax Implications Taxpayers, in an attempt to create the corpus of HUF, often…
Loss Set-off of non-STT paid long-term capital gain on sale of shares with STT paid long-term capital loss on sale of shares
Loss Set-off of non-STT paid long-term capital gain on sale of shares with STT paid long-term capital loss on sale…
Lease premium paid did not constitute capital expenditure but it is a revenue expenditure because by incurring such expenditure the assessees did not acquire any asset but only facilitated carrying on the business
Lease premium paid did not constitute capital expenditure but it is a revenue expenditure because by incurring such expenditure the…
No addition u/s 56(2)(vii)(b) if the property purchased is a Rural Agricultural Land : Jaipur ITAT
No addition u/s 56(2)(vii)(b) if the property purchased is a Rural Agricultural Land : Jaipur ITAT Here is an…
Allowability of Durga Puja expenses, Ganesh Puja Expenses, Temple expenses while computing business income
Allowability of Durga Puja expenses, Ganesh Puja Expenses, Temple expenses while computing business income Query] Whether the expenditure incurred for…
Whether Capital Gain is Short-term or long-term capital gains if Unlisted shares sold after holding for 23 months ?
Whether Capital Gain is Short-term or long-term capital gains if Unlisted shares sold after holding for 23 months ? …
Preparing Computation of Income Tax: Frequently Asked Question (FAQ)
Preparing Computation of Income Tax: Frequently Asked Question (FAQ) When do I have to pay the taxes on my income?…
Know About Income Tax Return Filling For Assessment Year 2019-20: Frequently Asked Question (FAQ)
Know About Income Tax Return Filling For Assessment Year 2019-20: Frequently Asked Question (FAQ) I am a non-resident. The Taxpayer…
Tax liability on Revaluation of firm assets and payment of enhanced value of asset
Tax liability on Revaluation of firm assets and payment of enhanced value of asset An overview: – The assessee,…
Whether a husband and wife can form an HUF without any issue?
Whether a husband and wife can form an HUF without any issue? Question: Whether a husband and wife can…
Waiver of a loan constitutes an operational subsidy & liable for Income Tax
Waiver of a loan constitutes an operational subsidy & liable for Income Tax Whether waiver of a loan constitutes an…
Basics to Corporate Taxes in Singapore
Basics to Corporate Taxes in Singapore Introduction • The Fiscal Policy is the government’s means to influence and regulate…
All Advances given for purely temporary financial accommodation for business purposes does not attract the deeming fiction of deemed Dividend u/s 2(22)(e)
All Advances given for purely temporary financial accommodation for business purposes does not attract the deeming fiction of deemed Dividend…
Know About Income Tax Return Filling For Assessment Year 2019-20: Frequently Asked Question (FAQ)
Know About Income Tax Return Filling For Assessment Year 2019-20: Frequently Asked Question (FAQ) I am a non-resident. The Taxpayer…
Fair Market Value of property determined without giving access to the DVO’s report to Assessee and without considering the Assessee’s objections is not fair
Fair Market Value of property determined without giving access to the DVO’s report to Assessee and without considering the Assessee’s…
